Business area Construction

With local roots close to customers business area Construction performs contract work for both external and internal customers. Construction projects include everything from new production of housing, public and commercial premises to renovations and extensions as well as construction maintenance.

Operations in business area Construction are run via some 150 local offices around the Nordic area, organized in eleven regions in Sweden, two in Norway and two in Finland. There are three specialized housing production regions in Stockholm, Gothenburg and the Öresund region. Construction maintenance operations are run in a nationwide region primarily focused on the big city areas. Other regions are responsible for all types of construction projects in their geographic area.

Net sales and profit

April – June 2017

Net sales for the second quarter 2017 increased by nine percent and amounted to SEK 6,988 million (6,420).The increase is spread over all regions and the housing production portion continues to grow.

Operating profit for the second quarter amounted to SEK 162 million (152) and the operating margin was 2.3 percent (2.4).

January – June 2017

Net sales for the first half-year 2017 increased by 15 percent and amounted to SEK 13,374 million (11,619). The increase is spread over all regions. The housing production portion continues to grow as well as other building construction for the public sector.

Operating profit for the period amounted to SEK 301 million (268) and the operating margin was 2.3 percent (2.3). The operating margin for the latest 12 month rolling period was unchanged at 2.2 percent compared to the entire year of 2016.

Orders received and order backlog

April – June 2017

Orders received decreased by 14 percent during the second quarter compared to same quarter last year and amounted to SEK 6,530 million (7,576). Orders received were well diversified in terms of products and geography.

January – June 2017

Orders received decreased slightly during the period compared to same period last year and amounted to SEK 14,395 million (14,876). Orders received were well diversified in terms of products and geography although housing is still a large portion.

Order backlog 30 June 2017 increased to SEK 25,285 million compared with SEK 23,642 million at the end of June 2016.